• Frequency Electronics entered a consulting agreement October 31, 2026, with Steven L. Bernstein, who retired as chief financial officer November 1.
• Effective November 1, 2026, through October 31, 2027, the agreement pays $282,505 annually in monthly installments.
• Bernstein’s outstanding restricted stock units and performance stock units will continue vesting during the consulting term.
• Completing the initial term or termination without Cause qualifies Bernstein for a $38,000 annual lifetime benefit, subject to a claims release.
• Termination without Cause before the initial term ends triggers remaining consulting fees and immediate vesting of equity awards scheduled within that term.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Frequency Electronics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-005208), on November 05, 2026, and is solely responsible for the information contained therein.